Adam R Spector Foundation
- Assets
- $45.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newtown Square, PA
- Founding
- 02/2010
- Data as of
- 12/2023
- EIN
- 27-1342422
Organization Overview
Adam R Spector Foundation is located in Newtown Square, PA. The organization was established in 2010. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adam R Spector Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Adam R Spector Foundation generated $30.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $42.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
CONTRIBUTIONS TO PROMOTE CANCER RESEARCH.MEMORIAL SLOAN KETTERING CANCER CENTERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lane Spector President | 3 | $0 | |
Lynn Spector Vice-Preside | 3 | $0 | |
Andrew Spector Sec/treasure | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,074 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,083 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $903 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $437 |
| Other expenses | $1,280 |
| Total expenses | $42,620 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,833 |
| Other assets | $0 |
| Total assets | $45,833 |
| Total liabilities | $0 |
| Net assets or fund balances | $45,833 |